Which funds made the best start to 2019?

equities/equity-funds/FE-Analytics/australian-equities/US-equities/global-property/Asian-equities/Ausbil-Australian-Geared-Equity/

7 January 2020
| By Chris Dastoor |
image
image
expand image

Looking back to the start of last year, it was the Australia geared sector that led the way in Q1 2019.

According to FE Analytics, within the Australian Core Strategies universe, the top five sectors were Australian geared equities (16.76%), North America equities (13.29%), global property (12.43%), specialist equities (11.94%), and Asia Pacific ex Japan equities (11.59%) for Q1 2019.

Top five best performing sectors over the three months to 29 March 2019

The best performing fund in the Australian geared sector was BetaShares Geared Australian Equity Hedge which returned 24.17% in Q1 2019.

Rounding out the top five was Ausbil Australian Geared Equity (23.92%), CFS Wholesale Geared Share (22.71%), OnePath Wholesale Geared Australian Shares Index Trust B (21.24%) and CFS Acadian Wholesale Geared Australian Equity (20.89%).

In its quarterly report from March, Ausbil said the first quarter of 2019 saw the Australian equity market deliver its best performance since September 2009.

“Challenging conditions continue to temper optimism, and global downside risks remain,” it said.

“Lower interest rate expectations contrast strong quarterly performance within commodity and equity markets.

“Domestically, small-cap stocks (S&P/ASX Small Ordinaries Accumulation Index: +12.6%) outperformed the large-cap (S&P/ASX 200 Accumulation Index: +10.9%) and mid-cap (S&P/ASX MidCap 50 Accumulation Index: +9.8%) stocks.”

Top five Australian geared equity funds over the three months to 29 March 2019

 

 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks 1 day ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 6 days ago

TOP PERFORMING FUNDS